Convert AED to MDX | Live Mdex Calculator
AED to MDX price chart
AED to Mdex exchange rate
About Saudi Arabian Riyal (AED)
What Is the United Arab Emirates Dirham (AED)?
The UAE dirham (AED) is the official currency of the United Arab Emirates. Issued by the Central Bank of the UAE, it is subdivided into 100 fils and has been pegged to the US dollar at roughly 3.6725 AED per USD since 1997. This fixed exchange-rate policy provides strong exchange-rate stability. The UAE's economy is heavily based on oil and gas exports, and as one of the Gulf's major financial hubs, the dirham is widely used in international trade and finance in the region. These factors make the AED a reliable medium of exchange for both domestic commerce and cross-border transactions in the Middle East.
Why Is the UAE Dirham Considered a Stable Currency?
The AED's stability stems largely from its USD peg and the UAE's strong economic fundamentals. The fixed peg to the dollar and prudent monetary policies by the Central Bank help keep inflation low and exchange rates steady. The UAE's large foreign reserves and diversified economy (beyond oil) further bolster confidence. As a result, the dirham is one of the most stable currencies globally, benefiting from the country's fiscal prudence and investor trust. In practice, the peg ensures that the AED experiences very little fluctuation, which underpins financial stability and investor confidence in the UAE's markets.
How to convert Saudi Arabian Riyal to Mdex
Mdex price conversion tables
Saudi Arabian Riyal | |
|---|---|
1 | 0.001789 |
2 | 0.003579 |
3 | 0.005369 |
5 | 0.008949 |
10 | 0.01789 |
25 | 0.04474 |
50 | 0.08949 |
100 | 0.1789 |
1,000 | 1.7899 |
Saudi Arabian Riyal | |
|---|---|
1 | 558.6817 |
5 | 2,793.4088 |
10 | 5,586.8176 |
20 | 11,173.6352 |
50 | 27,934.08824 |
100 | 55,868.1764 |
200 | 111,736.3529 |
500 | 279,340.8824 |
1,000 | 558,681.7648 |
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Saudi Arabian Riyal to Mdex performance history
Today vs. 24 hours ago
AED (Saudi Arabian Riyal) | Today at 2:10 PM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 AED | 558.9714 MDX | 555.8643 MDX | +0.55% |
| 5 AED | 2,794.8574 MDX | 2,779.3218 MDX | +0.55% |
| 10 AED | 5,589.7149 MDX | 5,558.6436 MDX | +0.55% |
| 50 AED | 27,948.5746 MDX | 27,793.2184 MDX | +0.55% |
| 100 AED | 55,897.1492 MDX | 55,586.4369 MDX | +0.55% |
| 1,000 AED | 558,971.4924 MDX | 555,864.369 MDX | +0.55% |
Today vs. 30 Days ago
AED (Saudi Arabian Riyal) | Today at 2:10 PM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 AED | 558.9714 MDX | 537.05692 MDX | +3.92% |
| 5 AED | 2,794.8574 MDX | 2,685.2846 MDX | +3.92% |
| 10 AED | 5,589.7149 MDX | 5,370.5692 MDX | +3.92% |
| 50 AED | 27,948.5746 MDX | 26,852.8464 MDX | +3.92% |
| 100 AED | 55,897.1492 MDX | 53,705.6928 MDX | +3.92% |
| 1,000 AED | 558,971.4924 MDX | 537,056.928 MDX | +3.92% |
Today vs. 1 Year ago
AED (Saudi Arabian Riyal) | Today at 2:10 PM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 AED | 558.9714 MDX | 227.3243 MDX | +59.33% |
| 5 AED | 2,794.8574 MDX | 1,136.6219 MDX | +59.33% |
| 10 AED | 5,589.7149 MDX | 2,273.2439 MDX | +59.33% |
| 50 AED | 27,948.5746 MDX | 11,366.2195 MDX | +59.33% |
| 100 AED | 55,897.1492 MDX | 22,732.4391 MDX | +59.33% |
| 1,000 AED | 558,971.4924 MDX | 227,324.3919 MDX | +59.33% |